3. History
Motto Working for a World Free of Poverty
Formation July 1944; 70 years ago
Type International Financial Organization
Headquarters Washington D.C., United States
Membership 188 countries
[1]
Official language Arabic, Chinese, English, French, Russian,
Spanish
President Jim Yong Kim
Main organ Board of Directors
[2]
Parent organization World Bank Group
5. Economical activities of World
Bank
The World Bank provides low-interest loans,
interest-free credits and grants to developing
countries. In the past, this usually occurred when
they were in danger of sovereign debt default,
itself often a result of overspending and extensive
borrowing. Many countries then devalued their
currencies, which resulted in hyperinflation. To
combat this, the Bank often required austerity
measures, where the country must agree to cut
back on spending and support its currency.
7. Educational activities
World Bank Education strategy 2020
The World Bank’s new Education Strategy lays
out a ten years agenda focused on the crucial
goal of learning for all. The bottom line :invest
early, invest smartly and invest for all. The
Strategy draws on consultations with governments
, development,partners,students, teachers, civil
society and business representatives from more
than 100 countries.
9. Constructional activities
The main topics on construction based on
1.Public works
2.Contracting of civil works
3.Labor-based construction and maintenance
methods for road works
4.Construction safety
5.Unit costs of construction and maintenance
10. World bank and construction of padma bridge of
Bangladesh
12. Human activities
World bank is concerned with poverty
alleviation , might provide needy people with
the equipment and skills to find food and
clean drinking water
World bank carry on many volentiary
organization like a non-governmental
organization(NGO).
